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Search Results 0 to 49 of about 103 (some duplicates have been removed)
control, and tax hikes. you notice anything missing? bob cusak and sabrina says democrats are embolden this time and spending cuts last on the list. bob, first to you. bob, the president is essentially a lame duck, the second term, 16 months. that's a lot to deal with in 16 months. what's first on the agenda, do you think? >> first is gun control, and, obviously, this was before the connecticut shooting, but he did not talk about it in the first term. he didn't push it. he's going to be pushing that, pushing immigration, pushing climate change, but spending is not on his agenda, cutting spending. i think he was interested in 2011, almost got a deal with speaker john boehner on a grand bargain on entitlement reform, crafting a budget now. i don't think you're going to see major cuts in that. it's a significant shift. remember, obama said the deficit kept his awake in the first term. through his actions, you know, he's not pursuing a lot of cuts and changes to entitlements. liz: what is feasible for the president to get through with a window of 16 months? gun control? what do you think h
this is still a fight between how much spending cuts and how much taxes. the president got his -- >> well, simpson-bowles said let's get rid of the high tax rates. the president doesn't seem to be in favor of that mpt you had $1 trillion in tax increases with obama care. he just got new tax increases at the beginning of this month. and now they are calling for even more tax increases, and they are not calling to cut spending. they are calling for spending increases. so basically what they're saying is, they want americans to pay more so washington can spend more. that's not going to help the economy, and that is not going to close the gap and balance the budget. the reason we want to balance the budget is not to make the numbers add up. we think that's necessary for growth and opportunity. we think it's necessary to make sure that our kids don't get this debt that they won't be able to handle if we keep going down the path we are on. >> but there are certainly those in the white house who would take issue with what you said or might even say to use your own criticism that's a straw man ar
. >>> japan's ruling coalition parties have been talking about tax as the basis for the new budget. they have agreed to introduce a new tax break for supporting the poor when the consumption tax doubles in 2015. the agreement is part of a tax reform plan for fiscal 2013, which the liberal democratic party and the new kuomot approved on thursday. under the plan lower rates take effect in october 2015 when the consumption tax is set to double to 10%. the two parties have also decided on an income tax hike. under their plan people with annual incomes of more than $450,000 will get a tax rate of 45%. that's up from the current 40%. the new rate set to go into effect in january 2015. >>> all right. that's going to do it for biz tonight. i'm going to hand it back to gene. >>> ron, thank you for that. a japanese citizen considered missing after last week's hostage siege at a natural gas plant in algeria is now confirmed dead. this brings the number of japanese victims to ten. islamist militants attacked the desert facility and kidnapped hundreds of workers. chief cabinet secretary yoshihide suga jus
to raise tax rates. a lot of the democrats i talked to and even the white house said they are willing to do tax reform where there could be additional revenue. are you opposed to any additional revenue that could come from tax reform? >> we offered that back in the fiscal cliff negotiations. the president got his additional revenues. that's behind us. those higher revenues occurred, and now we need to focus on getting spending down. >> here is the leverage question. senator schumer said we didn't just get our revenues. we got some. there has to be more that are part of it. the president will say that. so as you are -- >> are we for more revenue? no, we are not. >> even if it's from tax reform? >> if you keep raising revenues, you're not going to get different tax reform. i know you didn't want a chart, but i'm kind of a chart guy. this dream line shows you the historic taxes. the red line is tax increases. the red line, where spending is going. spending is the problem. revenues aren't the problem. if you keep chasing higher spending with higher revenues as they're calling for, you're going
lower. what you are seeing is a lot of investors wanting to take a profit before the capital gains taxes kicked in. you started seeing the stock sell off last september. as for today, they are choosing to get out and they are seating up. phones and tablets and the heat is coming heavier these days. >> it's about innovation here since steve jobs passed. tim cook took over and what does it say about tim cook's tenure as ceo? >> does he get the blame? sure. the buck stops with him. he's the same guy who oversaw the debut of the iphone 4s. he's the guy who stared the stock price. when kwook took over, the price doubled in the first year and his charge peaked in september. shares have tumble and there two camps and schools of thought. wall street and analysts say that they don't have the confidence that he can deliver, but this is an incredibly healthy company with $137 billion tucked away and the next four quarters show what this showed last night, maybe they will ree valuate. for now, cook should stay. >> we are just minutes away. president obama expected as we are looking live at the white
, but those in europe may soon have to consider something else, a new tax. ai uchida is here to tell us all about it. so ai, what's the purpose? >> like all taxes, catherine, it is a form of revenue, but it's also aimed at preventing some of the big banking blunders we have seen recently. leaders in 11 of the 17 eurozone nations have approved the new tax on financial transactions. the aim is to tighten the regulation of financial institutions and curb speculative trading on stocks and other securities. >> today's agreement to allow 11 member states to move ahead with harmonized financial transaction tax is a major milestone. >> the leaders of germany, france, and spain joined the agreement. commission officials say this will be the world's first financial levy at a regional level. the next step is to submit a bill specifying what transactions will be taxed at what rates. the new tax could take effect as early as next year. but leaders in britain and the netherlands oppose the levy. their countries are home to many financial institutions. >>> separately, the leaders of france and germany hav
tonight. thank you. the mickelson's public rant about his taxes didn't go over with some folks. today the millionaire athlete is apologizing. we will show you what he is saying now. plus, a high school wrestler meets his match. look at this. a falling light fixture weighing about 100 pounds. details next. stress sweat is different than ordinary sweat. it smells worse. get 4x the protection against stress sweat. introducing new secret clinical strength stress response scent. get 4x the protection against stress sweat. ♪♪ a flavor paradises aof delicious fishes ♪♪ ♪ friskies seafood sensations. ♪ feed the senses. [ male announcer ] born from the elements, destined to take them over. ♪ the sirius xm satellite radio in the 2013 ram 1500. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone likes 50% more... [ midwestern/chicago accent ] cheddar! yeah! 50 percent more [yodeling] yodel-ay-ee-oo. 50% more flash. [ southern accent ] 50 percent
should kept his opinion on taxes themselves. nicholson set off a firestorm of controversy when he said teammate will out to california because of recent hikes in federal and state taxes on the wealthy. when asked about of the farmers insurance opening california he compared his remarks to a bad call he made at the 2006 u.s. open. >> i made a big mistake talking about is the publicly and i should not have done that. my apology is from talking about a publicly because i should not take advantage of the form that i have as a professional golfer to try to ignite change over these issues. >> mickelson had said that his tax rate was over 60 percent in that state. according to the tax foundation they said it is closer to 51%. california recently became the state with the highest top marginal tax rate face the voters passed in november a temporary tax hike on wealthy residents. >> coming up on the kron4 morning news defense secretary leon panetta expected to make a big announcement today more on historic change coming to the military. we are seeing a lingering wet weather across the bay area t
government workers were given of taxpayer money to your taxes to allow green energy company to great prosperity. that path is a disaster. balancing the government books is not what matters most. government is not the and all and be all. the health of america is not about government at all. balancing the books as a nice goal but that is not our primary objective. our objective is to grow the private sector. need to focus our efforts and ideas to grow the american economy, not the government economy. i will talk about a couple of other points but if you take nothing else away from what i say, understand this -- we must not become the party of austerity. we must not be the party of austerity. we must be the party of growth. we know the government is out of control and the public knows that, too, yet we just lost an election. we cannot afford to fight on our terms. the republican party must become the party of growth, the party for a prosperous future based on economic growth, an opportunity based on every community in this great nation and not based in washington, d.c. we have fall into
. >> and now tackled by taxes, and make $75,000, see if he gets to keep any of it. >> "fox & friends" begins right now. ♪ >> good morning, i hope you had a great weekend. >> clayton: yeah, ainsley earhart here, tucker carlson, ainsley fresh off the return to the gun range down there in texas. >> that was so fun. >> clayton: did you fire an a-47. >> no. >> were you nervous? >> i was down in katy, texas, offering free classes to teachers in the area. the class full of teachers and we interviewed why they were doing that and even though you're not allowed to take guns in flarms yet and hoping that does pass the state of texas. >> you looked great down there and we'll talk more about dianne feinstein's legislation, first to the headlines. >> straight to the headlines, an extreme weather alert. the midwest bracing for dangerous ice storms, sleet, snow and ice could leave behind a slippery mess in illinois and michigan as well as missouri. this as the country gets ready for a brief warm-up. rick is tracking it for us this morning. and it's a rollercoaster, hot and cold. >> it is and it's going
much in gridlock. look, the democrats hated bush tax cuts and they made them permanent and they continued the biggest stimulus program in the history of mankind, 40 cents of every day dollar we don't have. the stock market looks at that, look, free government money everywhere, low taxes, let's party and that's what the market's doing. there's no one in charge in washington d.c. absolutely no one. >> brenda: and wall street likes that. >> yes. >> brenda: caroline, you want to weigh in here? >> well, absolutely. toby, i don't know what u.s. you're living in because we're in economic calamity. we don't have much of a middle class so we have a very long recession, we're not getting out of it it because of the lack of aggregate demand and flexibility in our market system because we have such a bifurcation of rich and poor. and what we have is a david versus goliath. >> hang on professor, i'm looking at the worst calamity here. >> are we not in a calamity? >> no. >> brenda: should unemployment go up, do you think, because the labor relations board has less power now? are you
line is historic tax rates, how much we raise in taxes and the blue is how many increases president obama is calling for. the red is where spending is going. spending is the problem, revenues are not the problem. if you keep chasing them they will hurt economic growth, shut down the economy and won't get the budget balanced. >> what i heard the president say was programs like social security and medicare and med aid critically important for our future and we need to have a bipartisan commitment to make them work. bob and i have been in a lot of meetings talking about deficit reduction. we need reform in the programs that mean they will live on to serve future generations. that's the message i took from the president. >> referring to bob corker to the left of the screen. the president has a full plate. not just the budget but the issue of guns, and this week he heads to las vegas for a speech about overhauling immigration. so the second term is already kicking off with plenty on his plate. >> all right. peter alexander, white house correspondent, thank you so much. >>> we want to tur
raise taxes. you have to, at some point, you have to get your fiscal house in order and that means cuts to some of these entitlement programs. >> no it does not. when you talk about getting your fiscal house in order, that's correct, but our republican friends forget to mention that at 15.8%, revenue compared to gdp, that is the lowest percentage in 60 years. when clinton gave us a balanced budget, revenue was about 20%. we have one out of four corporations, profitable corporations not paying a nickel in taxes in america. the effective corporate tax rate today is the lowest it's been since 1972. of course republicans want to cut social security, medicare, medicaid. but i think it is time for large corporations who are not paying a nickel in taxes to start paying their fair share. >> i want to ask you about your vote yesterday on filibuster reform. you voted no. you don't think it goes far enough. why? and is getting something done better than nothing? >> yeah, i think getting something done and making the senate a little more efficient is better than nothing. but at the end of the day,
for the withdrawal of the central government's plan to reduce tax grants. the state government wants to cut local tax grants from fiscal 2013 starting this april. it's partly designed to slash regional government workers' wages by an average of 7.8%. the chairman of the all-japan precede tech furl and municipal workers union told reporters wednesday the plan is unacceptable. >> translator: this one-sided policy that the state is going to implement unilaterally has been drafted by skipping all the labor management negotiations. >> tokanaba said local governments are striving to cut workers to deal with the shortage of funds even though they're faced with more tasks in the their everyday work. he said they include social security issues and environmental protection measures. tokanaga added some municipalities have even pressed ahead with their own wage cuts. >>> that is going to do it for biz tonight. let's get you a check now of the markets. >>> islamist militants may have timed their attack on a gas plant to coincide with an important event. they took hundreds of workers hostage last wednesday. execu
opinion on taxes themselves. nicholson set off a firestorm of controversy when he said he may have to move out of california because of recent hikes in federal and state taxes on the wealthy. when asked about it and the farmers insurance opened in california, he compared his remarks about the mistake he made the 2006 u.s. open. >> it was like when i tried to carve a three iron around the tree and made double bogey and lost the u.s. open. i think i will learn my lesson and take the wedge and get back and play. i made a big mistake talking about the stuff publicly and i should not have done that. >> still asking for a mulligan. he said that his tax rate is over 60 percent in the state. but according to the tax foundation in california tax experts, is closer to 51%. california recently became the state with high as top marginal tax rate banks to boaters passing in november a temporary tax hike on wealthy residents. >> new this morning police searching for a man who kidnapped a 13 year-old girl, i am live on the scene. >> also watching the bay area weather as we clear up this morning. we will
campaigned for a voter approved tax hike. he turns 75 in april and has a chance to establish a legacy. he is expected to talk about high speed rail and a controversial plan to build tunnels to move water through the delta. you can watch the address right here on ktvu channel 2 morning news which starts at 9:00 a.m. and it will be treatmented live right here on ktvu channel 2 morning news. >>> it is expected to show some unexpected income. it will be more than projected. they set a record on january 16th and most of the money came from taxes quarterly. it is also from people taking profits ahead of the federal tax rate. >>> san jose sharks played their first game in months and janine de la vega is where tonight's home opener is sold out. >> reporter: tonight they will be packed with the sharks fans for their long awaited team and this is the first game since the lock out ended. they have been training to fear up for the -- gear up for the season and they have already won in alberto but now they are going to the hp pavilion have been suffering from game nights. we are also out of jobs but
not been all smooth sailing. starbucks got a roasting for paying no corporation tax on new sales of some $600 million. it's now volunteered to make some payments. starbucks arrangements are perfectly legal and typical of a multinational of its kind. but critics have not been silent, forcing starbucks into damage control. >> one of the things that's really tricky about that situation on corporation tax is how do you educate the public of the complexities of the british tax code, and does the public really care about those intricacies? probably not. so, on the one hand, by educating the public, you look defensive. by not educating them, then you're almost encouraging them to think that you are a big, greedy, terrible company trying to exploit your workers. it's a very difficult thing to play. >> big numbers expected later on from starbucks. >> aaron, thank you, thank you. do stay with us. there's much more to come here on "g.m.t." our science correspondent explains why biscuits provide a clue to the link between dogs and their canine ancestors. >> now, to the controversial construction of
year to try to convince voters to approve a tax hike to deal with california's bumming. well, he successfully succeeded in doing that. so now his clout couldn't be lier and today we expect him to outline his vision on other issues beyond what last year was which was all about taxes and that's going to include as you said education, a big one. he is going to reveal a plan we expect that will offer more money and resources to poorer schools or those student who are more in need than others and also to address public universities to try to compel them to cut costs to students as well as making courses more prevalent online. infrastructure is another big one as he is expected to push for high speed rail and to talk act water issues and trying to build two massive tunnels to move water from northern california to southern california. part of today's state of the state address will be very positive in tone. the governor expected to point out that california is leading the nation in job growth and that the state's credit rating has improved dramaticly over the past several years. last b
them for violating housing codes, and they also received notices for $11,000 in back taxes as well as for unpaid sewer and garbage bills. then to add insult to injury, a debt collector from chase sent them an $84,000 bill for missed mortgage payments on a house that chase told them that they had foreclosed upon. the kellers are not alone. this type of horror store is commonplace, believe it or not. call it the rise of the zombie title. in joseph keller's case, the term is tragically apt because if he can't get his name off the title soon and get his disability to cover a liver transplant, this back from the dead property could literally end his life. their story and others have been chronicled in a special report by reuters reporter michelle con lynn. michelle joins us from new york city to talk about the latest disgraceful chapter in the mortgage crisis. michelle, welcome inside "the war room." >> thank you so much for having me. >> jennifer: you bet. what made you decide to write this story? >> well, i had been covering the whole world of foreclosures for a couple of years and ab
's aides note the president warned the speaker if he didn't agree to tax increases and a long-term hi ceiling, the president would campaign against him for the next two years, charging he caused another recession. which is why boehner's aides say anailiation is the right word. >> bret: ed henry live on the north lawn. thank you. what do republicans plan to do about it? chief political correspondent carl cameron is in charlotte where the g.o.p. is holding the first big conference since the election. good evening, carl. well, the plan to avoid political annihilation that wants to impose on them is the plan to come back from election defeat. they lost big with minorities. according to the blacks and asians, dominant theme here. >> trying to connect with the voters. the biggest thing is how do we have the right message at the right tactic to connect in the long-term to the voters, and increase their involvement. >> rnc is doing a major autopsy on 2019 and issue a report in march. so far they have been brutally candid about their mistakes. particularly the failure to compete with digital c
. letting start-ups, tax reform, and regulatory reform help. that's what we need more. >> you really think we need more? >> i mean, you want to make fun of -- >> i don't ever make fun of playing. i like my politicians who play. and who have cameras around when they do. what did you learn today, sam? >> you picked your clothes by number. i have no idea. the sweater collection could probably use an upgrade. >> this is number 47 right here, by the way. >> this is the hollywood business sweater, right? >> that's right! >> i learned about super fierce sri lankan women fighter, and victor garber is wonderful, and my neighbor. which is great. >> if it's way too early, harold, what time is it? >> it's time for "morning joe". >> but coming up next -- >> is my man, chuck todd on "the daily rundown". >> no, luke. >> luke russert! >>> taking it to the streets, vice president biden heads into virginia to make the case for new gun law. can a campaign-style push pressure congress to get something done. forewarned on the bayou. louisiana governor bobby jindal has tough talk for his party about what's wron
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before, when boehner offered raising taxes on people who make 1 million and above, that was nancy pelosi's proposal. and before that, he brought things to the table that came from the president's own debt commission and the president said no, no, no, my way or the highway. and that's not how you cut deals. so, by saying that it's not his fault altogether, yes, republicans do have some blame. when one of our leaders say we're going to make sure that president obama is a one-termer that's not how you lead, but now it's time for both of them to come together. this is supposed to be the transparency president, he hasn't been that transparent. >> kelly: right you are about that. he does have problems with transparency as he discussed in his first term. perhaps at that was the glow of becoming the first african-american president of the country. but look, the bottom line here, the greatest actually begins in the homes of its people. therefore, what do we the people have to do to form a more perfect union? what should we be doing? >> we need to call in our representatives in congress, when you'
mickelson after he said high taxes might chase him out of his home state of california. why one of the world's highest paid athletes is now why he is saying he is sorry? bill: man, have you been outside? it is epic cold. this is gripping most of the country. windchill readings falling to 30 below. if you live there, you know how cold it is. that is chick -- chicago screen left. how can avoid being outside. martha: good idea. >> keep moving. layers. i have on like three layers. if i need to i take something off, put something on as need be. i used to say the summer was worse but now i want to say the winter. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. bill: mitt romney heads to washington, d.c.. two of his former aides saying the former republican presidential nominee and his wife ann will be in the nation's capitol, make that friday, for a luncheon in their honor. friday is the luncheon. the forme
, claim the title. he needs to stay there seven years, pay the property taxes and hope the owner, bank of america in this case, forgets about the place. i'm no lawyer. that sounds a little sketchy. >>> we have pretty tough interviews on "starting point." nothing quite like this. a local reporter goes into an animal pen. see what happens. >> from the manatee county fair, linda carson, abc 7. would you not eat my pants? ahh! >> can we see that again about 100 times? >> not quite the same without the wonderful scream. >> she was at the manatee county fair reporting a story about kids who raise goats. she was completely fine. she was laughing, which is why we can show it again and again and again and again and again and rejoice in its overall awesomeness. >> i have to agree with will. the audio makes the story. >> and the smile on her face at the end. >>> learning more this morning about problems with boeing's batteries that the ntsb investigation is focused on. christine romans with a look on that. richard quest in davos to explain a little about that as well. christine, you start with me
of at tax in benghazi which four americans were murdered the president did an interview with steve kroft which he said, we don't know whether this was an act of terrorism or not. cbs sat on the sound bite, only news on the interview and did not release that to the public until way after it became a major issue in presidential they worked on behalf of the obama campaign. your question which is smart one, why are they doing this? i don't know. "60 minutes" is good show a lot of the time. martha: they will take heat for this for some time. >> he is like kryptonite for them. martha: "60 minutes" interview with the president, propaganda. >> melts with obama for some reason. >> also, martha, the other thing is probably the first half the interview is old news. we know how the secretary of state was chosen. we know about the back and forth. this already has been reported on. this is not new information like he was getting new insight how this came about and how they got over their relationship. it really was just a campaign endorsement. martha: yeah. huge questions about how good a secretary of
Search Results 0 to 49 of about 103 (some duplicates have been removed)